A test of competition in Brazilian banking
This paper implements an empirical test of market power for Brazilian banking based on Bresnahan (1982) and Lau (1982). A dynamic version of the test is applied. The results show that the banking industry inBrazilis highly competitive, although the perfect competition hypothesis is rejected. The hyp...
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| Format: | article |
| Status: | Published version |
| Publication Date: | 2002 |
| Country: | Brasil |
| Institution: | Universidade de São Paulo (USP) |
| Repository: | Estudos Econômicos (São Paulo) |
| Language: | Portuguese |
| OAI Identifier: | oai:revistas.usp.br:article/117799 |
| Online Access: | https://www.revistas.usp.br/ee/article/view/117799 |
| Access Level: | Open access |
| Keyword: | banking competition Brazilian banking concorrência bancária bancos brasileiros |
| Summary: | This paper implements an empirical test of market power for Brazilian banking based on Bresnahan (1982) and Lau (1982). A dynamic version of the test is applied. The results show that the banking industry inBrazilis highly competitive, although the perfect competition hypothesis is rejected. The hypothesis that Brazilian banks behave like a cartel arrangement is also rejected. |
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